In whose interest should politics ultimately be conducted?

Institutional liberalism has long attempted to elide straightforward binaries pitting ordinary people against elites. Instead it prefers to reject the premise that any meaningful divergence of interest ever separated them in the first place. For several generations of aspiring liberal politicians, the “Third Way” has represented not just a supposed middle path between the New Deal and Reaganism, but also between the competing demands of different factions within the Democratic coalition itself.



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